Fading Dollar Momentum No Help To Ailing Pound

The US Dollar wasn't grooving like it did on Monday, the Pound extended declines, stocks consolidated.

Video length: 00:01:31

Tuesday price action in the FX market was about reversal of flow for the most part, with currencies finding their way back against the Buck, after taking a big hit in Monday trade on Dollar demand from the news of the US and China getting back to trade talks. The one exception was the Pound, which took another big hit on discouraging data.

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